Asset & Liability Management - commercial banking

On behalf of an international commercial bank, we are seeking an Assets and Liabilities Manager to assume responsibility for managing the bank’s balance sheet through effective asset-liability matching, liquidity and interest rate risk management.

Salary up to HKD 50,000 per month dependent upon experience, + bonus + benefits.

Role:

1. Manage the bank’s balance sheet structure, including daily monitoring and forecasting to ensure optimal allocation of financial resources while adhering to regulatory requirements.
2. Monitor daily liquidity positions, including Liquidity Maintenance Ratio (LMR) and manage interest rate risk using appropriate hedging strategies.
3. Ensure compliance with regulatory requirements related to liquidity and funding and prepare accurate reports for both regulators and internal stakeholders.
4. Support the development, automation, and review of the Funds Transfer Pricing (FTP) framework to align profitability with risk-adjusted funding costs.
5. Prepare ALCO decks, reports, and meeting minutes and provide guidance to internal partners.
6. Conduct stress testing and scenario analysis to evaluate the impact of adverse market conditions and ensure that contingency funding plans and risk mitigation strategies are in place.
7. Develop and refine ALM models, run User Acceptance Tests (UAT), and analyse asset/liability data.

Requirements:

1. 3+ years’ experience in ALM, treasury, or balance sheet management within the financial services industry.
2. Excellent knowledge of treasury products, especially FX and Interest rates swaps, and hedging strategies.
3. Strong analytical mindset with advanced proficiency in MS Excel, including macros, and comfortable with data analysis and modelling.
4. Bachelor’s degree or higher in Quantitative Finance, Risk Management, Economics, or related disciplines.
5. Professional qualification(s) such as TMA, CPA, CFA, or FRM will be well regarded.
6. Fluency in both English and Cantonese is required.